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Topic starter
16/09/2024 7:11 pm
#US DOLLAR ANALYSIS
The US dollar is consolidating within a descending triangle and is currently trading above the horizontal demand zone. The Ichimoku Cloud is indicating a bearish outlook, but a bounce from the demand zone is still possible.
To confirm the next move, we need to wait for a decisive breakout or breakdown. It's also worth noting that the US dollar often has an inverse relationship with the cryptocurrency market.nnForwarded from: The Crypto ExpressnnForwarded from Telegram. NFA! DYOR!